Seller's Agent in 2024
Trisha Scott
Veale Properties
(956) 329-9090
22 in this area
196 Total Sales
Estimated Value: $382,000 - $401,000
Studio
32
Baths
4,016
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- Patio
- Tile Flooring
- Partially Fenced Property
- Laundry closet
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of July 2024Welcome to this fantastic income-producing multifamily unit located in the heart of Pharr, Texas! This 4plex has spacious living areas, kitchen and bedrooms. The common area is well maintained.
The property boasts a high occupancy rate, making it a great investment opportunity for any savvy investor. Each unit is currently generating strong rental income, providing a reliable source of passive income for the new owner.
Conveniently located in a highly desirable area, tenants will enjoy easy access to local dining, shopping, and entertainment options. With its prime location and steady rental income, this multifamily unit is a must-see for any investor looking to expand their portfolio in the thriving Pharr real estate market.
Don't miss out on this excellent investment opportunity – schedule a showing today and secure your future financial success with this income-producing property in Pharr, Texas!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,094
Year Built
- Built in 2007
Lot Details
- 8,170 Sq Ft Lot
- Partially Fenced Property
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 4,016 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Gas Range
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Carport Spaces
- No Garage
Outdoor Features
- Patio
Schools
- Escobar Elementary School
- Liberty Middle School
- Psja High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 2 Buildings
- 4 Units
- Sam Houston Heights Association
- Sam Houston Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number S025700000006300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2018
Closed on
Apr 22, 2019
Sold by
Trexmpa & Co
Bought by
Carrasco Gregorio and Carrasco Maria Teresa
Seller's Agent
Erma Ramientos
Key Realty
Buyer's Agent
Phillip Veale
Veale Properties
List Price
$272,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$198,750
Outstanding Balance
$174,737
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$216,763
Purchase Details
Closed on
Feb 21, 2019
Sold by
Wright Selena Denise and Wright Glenn Anthony
Bought by
Trexmpa & Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$174,737
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$216,763
Purchase Details
Closed on
Aug 25, 2017
Sold by
Maldonado Jacqueline Barreiro and Maldonado Jorge Antonio
Bought by
Cantu Mauricio Nicolas Lam and Lam Erika Karina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.92%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 27, 2006
Sold by
Raul Fabela Construction Ltd
Bought by
Wright Selena Denise and Wright Glenn Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,600
Interest Rate
6.6%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carrasco Gregorio | -- | Encore Title | |
| Trexmpa & Co | -- | None Available | |
| Cantu Mauricio Nicolas Lam | -- | Capital Title | |
| Wright Selena Denise | -- | Charge San Jacinto Title Ser |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrasco Gregorio | $198,750 | |
| Previous Owner | Cantu Mauricio Nicolas Lam | $120,000 | |
| Previous Owner | Wright Selena Denise | $166,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/05/2024 07/05/24 | Sold | -- | -- | -- | |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- | |
| 05/18/2024 05/18/24 | For Sale | $389,000 | 0.0% | $97 / Sq Ft | |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- | |
| 03/29/2024 03/29/24 | For Sale | $389,000 | +43.0% | $97 / Sq Ft | |
| 04/24/2019 04/24/19 | Sold | -- | -- | -- | View Prior Sale |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- | |
| 09/06/2018 09/06/18 | For Sale | $272,000 | -- | $68 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,101 | $371,293 | $87,419 | $283,874 |
| 2024 | $10,101 | $376,626 | $87,419 | $289,207 |
| 2023 | $10,094 | $376,626 | $87,419 | $289,207 |
| 2022 | $8,370 | $298,399 | $63,318 | $235,081 |
| 2021 | $7,417 | $259,670 | $63,318 | $196,352 |
| 2020 | $7,529 | $260,264 | $63,318 | $196,946 |
| 2019 | $7,187 | $245,262 | $45,752 | $199,510 |
| 2018 | $6,966 | $236,352 | $45,752 | $190,600 |
| 2017 | $6,912 | $232,523 | $45,752 | $186,771 |
| 2016 | $5,614 | $188,881 | $45,752 | $143,129 |
| 2015 | $5,323 | $178,572 | $45,752 | $132,820 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Scott
-
Daniel Navarro
Buyer's Agent in 2024
Daniel Navarro
Veale Properties
(956) 215-1793
4 in this area
128 Total Sales
-
Erma Ramientos
Seller's Agent in 2019
Erma Ramientos
Key Realty
(956) 605-1811
10 Total Sales
-
Phillip Veale
Buyer's Agent in 2019
Phillip Veale
Veale Properties
(956) 279-7527
6 Total Sales
Map
Source: Greater McAllen Association of REALTORS®
MLS Number: 432592
APN: S0257-00-000-0063-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
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